Virtuoso Optoelectronics And Teerth Gopicon Excellent Results, Srivari Spices & Foods Good to Excellent Results
Virtuoso Optoelectronics Ltd.
Recent filing: (EXCELLENT RESULTS) For the half year ending Mar-24 for Virtuoso Optoelectronics, Sales up 30% YoY from INR 225 Cr in Mar-23 to INR 293 Cr in Mar-24. Similarly, Net Profit up 2.4x from INR 2.7 Cr to INR 6.6 Cr. On a HoH basis, Sales up 23% and Net Profit up 75%.
SUMMARY: 5y Operating Profit uptrend | 3 semi-annual Operating Profit uptrend | PE 52x (Sector PE range 50-100) | Excellent Mar-24 results | Fund raise | Ace Investor | Capacity expansion | EMS
- MCap of INR 527 Crore (share price = INR 231 / share) (as on 30th May ‘24)
- TTM PE of 52x (as on 30th May ‘24) Retail float = 15.7% (Mar-24)
What are the products and services of Virtuoso Optoelectronics?
Incorporated in 2015, the Company manufactures consumer durable goods, assembles a wide array of products, and provides end-to-end product solutions. The company's current product portfolio of consumer goods includes (I) Split Air Conditioners; (ii) Water Heaters; (iii) LED Lighting products, etc.
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Teerth Gopicon Ltd.
Recent filing: (EXCELLENT RESULTS) Sales up 2.7x YoY from INR 39 Cr in FY23 to INR 105 Cr in FY24. Similarly, Net Profit up 6.8x from INR 1.7 Cr to INR 11.6 Cr.
SUMMARY: 3y Operating Profit uptrend | 2h Operating Profit uptrend | PE 25x (Sector PE range 20-50) | Excellent Mar-24 results | IPO | EPC
- MCap of INR 290 Crore (share price = INR 242 / share) (as on 30th May ‘24)
- TTM PE 25x (as on 30th May ‘24) Retail float = 25.2% (Mar-24)
FOOD FOR THOUGHT: Highly competitive sector
What are the products and services of Virtuoso Optoelectronics?
The company specializes in road construction, sewerage work, and water distribution projects in Madhya Pradesh, and has also subcontracted residential tower construction in Indore. As an EPC contractor, it provides detailed project engineering, procurement of materials and machinery, project execution, and operation and maintenance services.
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Srivari Spices & Foods Ltd.
Recent filing: (GOOD TO EXCELLENT RESULTS) Sales up 2.2x from INR 35.8 Cr in FY23 to INR 78.3 Cr in FY24. Similarly, Net Profit up 2.3x from INR 3.1 Cr to INR 7 Cr.
SUMMARY: 4y Operating Profit uptrend | 3h Operating Profit uptrend | PE 30.7x (Sector PE range 30-100) | Excellent Mar-24 results | Expanding distribution | Consumption
- MCap of INR 216 Crore (share price = INR 302 /share) (as on 30th May ‘24)
- TTM PE 30.7x (as on 30th May ‘24) Retail float = 14.2% (Mar-24)
FOOD FOR THOUGHT: Highly competitive sector.
What are the products and services of Srivari Spices & Foods?
Company specializes in the production and distribution of a diverse range of organic food products, primarily focusing on spices and flour (chakki atta). These products are meticulously crafted to maintain their natural freshness, nutritional value and authenticity. Company’s commitment to using high quality, hand-piked raw materials set it products apart in terms of taste, aroma and health benefits.
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